Telsey Advisory Group Issues Pessimistic Forecast for Leslie's (NASDAQ:LESL) Stock Price

Key Points

• Telsey Advisory Group has reduced its price target for Leslie's (NASDAQ:LESL) from $1.25 to $0.75, indicating a pessimistic outlook despite a potential upside of 17.19% from the current price.
• Several analysts have downgraded Leslie's stock, with Loop Capital lowering its target price from $4.00 to $1.00, while Mizuho set a target of $1.00, reflecting a general trend towards a more cautious stance on the stock.
• As of the latest report, Leslie's has a consensus rating of "Hold" among analysts, with a consensus price target of $1.65, amidst fluctuations in investor sentiment and recent changes in large holdings.

Leslie's (NASDAQ:LESL - Free Report) had its target price decreased by Telsey Advisory Group from $1.25 to $0.75 in a research report report published on Tuesday morning,Benzinga reports. Telsey Advisory Group currently has a market perform rating on the stock. Telsey Advisory Group also issued estimates for Leslie's' Q4 2025 earnings at $0.08 EPS and Q4 2026 earnings at $0.09 EPS.

Other equities analysts also recently issued reports about the company. Mizuho dropped their target price on Leslie's from $3.00 to $1.00 and set a "neutral" rating for the company in a research report on Thursday, July 3rd. Loop Capital lowered their target price on Leslie's from $4.00 to $1.00 and set a "hold" rating for the company in a report on Friday, May 9th. Wall Street Zen upgraded Leslie's to a "sell" rating in a research note on Saturday. Finally, Stifel Nicolaus upgraded shares of Leslie's from a "sell" rating to a "hold" rating in a research note on Friday, April 25th. Two investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $1.65.

Leslie's Stock Down 0.8%

Shares of LESL stock traded down $0.00 on Tuesday, reaching $0.41. The company had a trading volume of 5,135,036 shares, compared to its average volume of 4,208,035. The business's 50-day moving average is $0.56 and its 200 day moving average is $0.94. Leslie's has a one year low of $0.38 and a one year high of $3.63. The stock has a market capitalization of $75.87 million, a PE ratio of -1.70 and a beta of 1.28.

Institutional Investors Weigh In On Leslie's

Several large investors have recently modified their holdings of LESL. Mariner LLC purchased a new stake in Leslie's in the fourth quarter worth $25,000. Ground Swell Capital LLC bought a new stake in Leslie's during the 4th quarter valued at $32,000. Two Sigma Advisers LP bought a new position in Leslie's in the 4th quarter worth about $39,000. Boothbay Fund Management LLC purchased a new stake in Leslie's in the 4th quarter worth approximately $41,000. Finally, Blair William & Co. IL bought a new stake in Leslie's during the fourth quarter valued at $48,000.

Leslie's Company Profile

Leslie's, Inc operates as a direct-to-consumer pool and spa care brand in the United States. The company markets and sells pool and spa supplies and related products and services. It also offers various pool and spa maintenance items, such as chemicals, equipment and parts, cleaning and maintenance equipment, safety, recreational, and fitness related products.